Multiple Choice
An investment that is readily convertible to a known amount of cash and that is sufficiently close to its maturity date so that its market value is relatively insensitive to interest rate changes is a(n) :
A) Short-term marketable equity security.
B) Operating activity.
C) Ordinary share.
D) Cash equivalent.
E) Financing activity.
Correct Answer:
Verified
Correct Answer:
Verified
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